U.S. Economic Surprise Index

U.S. Economic Surprise Index Economic surprises tend to align with equity market movements. Image: Morgan Stanley Wealth Management

S&P 500 Aggregate EPS Surprise

S&P 500 Aggregate EPS Surprise Record earnings surprises for the past 4 quarters, with earnings beating expectations by over 20%. Image: Morgan Stanley Research

Citi Economic Surprise Index and S&P 500

Citi Economic Surprise Index and S&P 500 This chart highlights the current divergence between the Citi Economic Surprise Index and the S&P 500. Image: BofA Global Research